" THURSDAY. JULY 28. 1M1. 1
14
THE OREGON DAILY JOURNAL. PORTLAND, OREGON
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MANY CITIZENS
PAY HOMAGE TO
44 HERO DEAD
The square which has witnessed the
glad return of thousands of Portland
Soldiers was the background for a
scene poignantly sad Wednesday night.
Forty-four bodies of men of the
Northwest who gave their lives for a
Cause on battlegrounds overseas were
assembled at Terminal square opposite
the Union depot while officials and plain
citizens of the district paid homage to
their memory.
General George A. White, command
ing the national guard of Oregon, and
48 officers of his staff attended the
ceremonies, as did Mayor Baker, for the
city of Portland ; A. S. Pollard, repre
senting the American Legion, and W.
B. Vietter, commander and representa
tive of the Veterans of Foreign Wars.
A guard of honor of 150 soldiers from
Portland companies of the national
guard met and moved the bodies from
the train to the square, each casket
draped with the Stars and Stripes. Spec
tators crowded about the square, hem
ming it in on all sides.
Chaplain Berton Frederic Branson of
Vancouver barracks, in charge of the
services, offered a brief prayer for the
dead, while the array of soldiery and
the throng of citizenry did reverence
to the war victims. At the conclusion
of the prayer the sad notes of "Taps"
and a volleyed rifle salute bespoke the
campaigners' respect for the 44 who lay
in state on their return from the war.
Move for Recall
Of Judge Eakin Is
Hinted in Request
Salem, Or., July 28. J. L. Finney, sec
retary of tjje Columbia River Fisher
men's league, has made inquiries of Sam
A. Kozer, secretary of state, relative to
the number of signatures necessary on
a petition which would have for its pur
pose the recall of Circuit Judge James
A. Kakin of the Twentieth Judicial dis
trict, embracing Clatsop and Columbia
counties, it became known here this
-morning: Details concerning the re
ported move for a recall were not avail
able.
One thousand, four hundred sixty-four
signatures of legal voters must neces
sarily be on the petition, Kozer said in
a letter this morning sent to Finney.
Non-Partisan Bonds
WiU Be Offered to
Washington Public
Spokane, Wash., July 28. Bonds of
the "Non-partisan industrial program of
North Dakota," .which are being de
clined by bankers or bond houses, will
be offered to the public of Washington
state when Governor Lynn J. Frasier
of North Dakota makes a speaking tour
of Washington during the second week
of August. The industrial program
calls for a bond issue of $6,000,000.
K. R. Ormsbee. manager of the Non
partisan League of Washington, de
clared that Governor Frasier is not
coming to Spokane to "talk political
propaganda, but more in the form of a
bond salesman.
IDLE CARS SHOW
A SMALLER TOTAL
PROSPERITY GRAIN
POURING INTO EAST
By Ralph Ford Cosr h
Washington, July 2. (U. P.) Farm
ers, first to feel the pinch of the nation
Aide economic depression, now are be
ginning, ahead of any other class of
business, to experience a return to pros
perity. One of the greatest grain movements
in history now is crowding the facilities
if the railroads, according to reports re
ceived by the Association of Railway Ex
ecutives. Grain shipments during the
last five weeks broke records of more
than two years' standing.
Cars loaded with grain totalled nearly
298,000 during June and the first two
weeks of July, the records show. During
the week ended July 18 alone, grain
loadings totaled nearly 57,000 cars.
Farmers are crowding grain to market
in such quantities that in some places
there is not sufficient elevator storage
space.
Difficulty In handling grain receipts
was reported at Chicago and Galveston.
UNITED DRUG DEPRESSION- HITS GENERAL INDUSTRIAL GROUP
Two Penalized for
Violating Fire Law
Baker, July 28. Rolland Huff, district
ranger at Sumpter, arrested campers
hear that place on charges of leaving
a camp fire burning. W. L. Eaton ac
cepted responsibility and was fined by
the justice of the peace at Sumpter.
Ranger Dan W. Flsk at Austin arrested
James Davis,, 87, charged with burning
brush on lands not his own and without
permission of the owner. Davis was
sentenced to 10 days in Jail, but be
cause of his age sentence was suspended
during good behavior.
By A. D. Wei ton
(Snecial Corresoondent of The Journal.)
Chicago, July 28. Recent rains
throughout the wheat belt were sorely
needed and the unexpected moisture In
the Northwest and Southwest has sent
the speculators who overbought on an
ticipation of serious crop damage by
drouth scurrying to unload. The fall In
wheat prices was reflected In wheat
flour which declined $1.10 a barrel while
rye flour fell off 25 cents a barrel.
As a result of more active market in
all commodities, the number of idle
freight cars gradually is being reduced.
Shipments of fruit and vegetables
through this terminal have been nearly
twice as great as those of 1920. Cattle
and hog prices have advanced to a point
higher than they have been for several
months. Yearling cattle shot up to 99.73
a hundred pounds and hogs to $10.85, the
top prices since last April. Sheep ship
ments have been large with prices
steady.
A shortage of canned corn is expected
due to the small acreage planted to
sweet corn this year. It is estimated
that not more than 5,000,000 cases will
be put up.
KELSO BARBER SHOP PURCHASED
Kelso, Wash., July 28. Fred Colley, a
new arrival from Bellingham, where he
recently sold his barber shop, purchased
Jack Hill's shop in the Ely building.
Hill plans to go to Eastern Washing
ton. James Phillips, who has been
working for HU1, has rented a small
building on Oak .street adjoining the
Liberty restaurant, and will open an
other barber shop.
FREKCH BANKS REDUCE RATES
Paris. July 28. (I. N. S.) The mini
mum discount rate of the Bank of
France today was reduced from 6 to 5
per cent. , ,
Foreign Exchange Market
New Tor. Job- 28. (U. P.) Foreign ex
chanse was strong, with sterling at $8.57
francs, -.0771; lire. .0411; marks .0123H-
The market closed strong. Sterling. 88.57 :
francs. .0767; lire. .0418: marts, .0128.
Standard Oil Stocks
Bid. AakeA
Anglo IS 15 4
Borne Scrysmer 340 800
Backeye 80 82
ChMscbroach 160 180
Cheesebroogh pfd. 95
Continental 105 109
Crebcent 38 28
Cumberland . 115 128
Eureka, . 78 81
Jalena, com 31 88
(ialena Old pfd 90 94
Calena New pfd 87 90
Illinois Pipe 180 182
Indiana Pipe 78 78
Natl Transit 22 28 H
N. T. Transit 189 142
Northern Pipe 87 90
Ohio Oil 240 248
Inter'l Pete 10 11
Penn. Mex. 19 20 .
Prairie Oil 420 425
Prairie Pip 180 185
Solar Refg 330 850
Southern Pipe 80 82
South Penn Oil HO 175
S. V Penn Oil . . 87 60
0. O. Calif 78 H 74
2- 9- Ind 6 66
8. O. Kansas 525 540
S. O. Kentucky.. 3 SO 890
S. O. N. T 812 815
S. O. Ohio 800 880
S. O. Ohio pfd 108 110
Swan & Finch 80 85
Vacuum 260 25
Washington 25 SO
S. O. Nebraska 158 163
Imperial Oil 80 85
PACIFIC COAST BANK STATEMENT
Monday
Tuesday . . .,
Wednesday. . .
Thursday. . .
Blanks
This Week.
4,824.291.18
4.168.848.64
8.424.614.08
3.440.310.69
Tear Ago.
8 6.999.862.94
4.887.828.88
4.980.806.54
5.247.995.62
Clearings Thursday
Balances Thursday
Ti
Clearings Thursday
Balances Thursday
Spokane Banks
.8 1.296,997 00
542,426.00
418.S27.00
28,675.00
alls Bank 1
Clearings Thursday 8 4.570,174.00
Balances Thursday 1,704,841.00
San Francisco Bankt
Clearings Thursday 818,800.000.00
Lot Anotles Banks
Clearings Thursday 811.895.669.70
BETHLEHEM STEEL DIT1DEND
New York, July 28. (U. P. ) Directors
of the Bethlehem Steel corporation to
day declared their regular dividend of
l per cent on both class A and class B
common stock, payable October 1 on
stock of record September 15.
The Baltic
Resplendent in new equipment and
up-to-the minute refittings, the power
ful White Star Liner Baltic has resumed
her place in the New York-Liverpool
service an example of the care with
which the White Star Line maintains
the condition of its fleet.
After six months of elaborate over
hauling, such as is seldom given so
large a ship, she worthily represents
White Star standards known the
world over as utmost in ocean luxury.
Increased engine efficiency, handsome
interior decorations, added private
baths, large deck space, and many
subtle refinements are included among
her improvements.
You land from the Baltic or the
Cedric or Celtic also on the Liverpool
route near the famous English Lake
Country, now in its most alluring
season. The magnificent Olympic or
the Adriatic land you at Cherbourg for
France or Southampton for England.
Other splendid ships of the White
Star, Red Star and American Lines
oiler a schedule of frequent sailings
over the following routes:
INDUSTRIALS HIT
IN STOCK TRADING
New York. July 28. (I. N. S.) The
Stock market closed irregular today,
some Issues being under pressure, among
them General Electric which sold down
to 11814, a loss in all of over 8 points.
Studebaker declined to 7tt. bat ral
lied slightly from its lower level. Mex
ican Petroeum, which held strong dur
ing the greater part of the day. was also
in supply, yielding over 1 point to
1084. At the close U. & Steel dropped
to 73. the lowest price reached dur
ing; the day. Railroads continued In de
mand, but did not make further galas
during the late trading.
Government bonds, unchanged ; rail
road and other bonds were steady.
Total sales. 514.700 shares : bonds. $14,-
122.000.
WHITE STAR
Mew York and Boaton to Aiorea,
Gibraltar, Naples and Genoa
Philadelphia to Liverpool
RED STAR LINE
Maw York to Plymouth,
Cherbourg, Antwerp
LEY-LAND LINE
Boston to Liverpool
New Orleans to Liverpool
AMERICAN LINE
Mew York to Hamburg;
via Cherbourg
WHITE STAR DOMINION
Montreal. Quebec to Liverpool
Four day oa open sea
fxWHiTB Star Lineet
Am rail? am Lure Jz)& RfpStah U
International Mercantile Marine Company
Dorsey B. Smith, ISO Broadway
Mrs. M. S. BoUam, 122 Third St
I
Travel
Agents:
LittoH at Clarke, 105 Third Street
C. W Stsaawaar- " " T-.l raff
Ferrers, Stock Exchange Building
txpres. Co., Wells Fargo BJdg.
New York. July 28. (L N. a Pressed
Steel Car was a particularly weak fea
ture in the early trading on the stock
exchange today, falling 74 points to 58
as the result of the passing of the divi
dend. The market generally displayed
Irregularity.
U. S. Steel was unchanged at 74. Gen
eral Asphalt rose 4 to 52. Baldwin
moved tip to 78. Atlantic Oulf was
down ft to 214- Royal Dutch yielded
V4 to (2. Cosden was up M at 28 H
Sears-Roebuck receded 4 to 654. Texas
Company rose 14 to 34 Vi- Bethlehem
Steel B receded to 48 H and United
Drug jumped 5 points to 62.
The collapse in the market caused by
United Drug in the last few days was
followed this morning by vigorous drives
against a number of other industrial spe
cialties and the situation became more
acute because of the action of Pressed
Steel Car directors in suspending divi
dends on the common stock.
Pressed Steel Car wss down 94 points
to 86 and this decline was followed by of
ferings of Railway Steel Springs which
fell eight points to 7L National Lead was
subjected to pressure. There has been
no sale in National Lead for over a week
but last night It was 75 bid and this
morning It was traded in down to 674, a
loss of over seven points.
California Packing fell over four points
to 53. United Drug, after selUng at 55.
rallied to 59 and United Fruit was also
subjected to pressure, yielding four
points to 101. General Asphalt and Mexi
can Petroleum both ruled about y ester
day's final prices and gains were shown
In United States Rubber. United Retail
Stores and United States Steel. Indus
trial Alcohol became weak, falling over
3 points to 48.
Furnished by Orerbeck aV
Trade Banding:
Cooke Co., Board of
STOCK
100
300
100
1900
700
100
1000
3900
100
100
600
Atr.
Cheat
Bubber
Alaska ;oW . .
Alaska Juneau . . .
Allied Chem
Allia-Chalmers
Am. Beet 8 near . . .
Am. Roach
Am. Can Co
do pfd, ,
Am. Cat Fnlry. .
do pfd.
Am. Cot. -OH
do pfd..
Am. Trag 8ynd . . .
Am. H. 4 Leather.
do pfd.
Amer Ico
Am. Intl. Corp. . . .
Am. Linseed . . . . .
do pfd
Am. Ldeo
do pfd.
Am. Haf. Kaxor . . .
Am. Ship. A Cobs. .
Am. Smelter
do pfd.
Am. Steel Fndry. . .
. Suxar
do pfd,
Sumatra
Am. TeL A Tel . . .
Am. Tobacco
do B ytfd.
Am. Wool
do rfd.
do P pfd.
Am. Zinc
Anaconda . . v . . . .
Ad. Oil
210(HAtehison
do pfd.
Atlantic Coast Line.
A. Q. ft W. I
Baldwin Loco
do pfd.
Balto. tt Ohio. . . .
do pfd.
Beth Steel B
B. B. T
Butte C Z
Butte A Sop. . . .
Caddo Oil
CaL Parkins
CaX Pet.
do pfd.
HL'OO Canadian Pan.
4000 On. Leather
Cem de Pasco . . .
Chandler Motor . .
Chi. A N. W
Chi. Ot W
do pfd.
Chill Cop.
Chino
C. M A St P . . .
do pfd.
Coca Cola
BOO C. A O
100O Colo. F. A I
304) Colorado Southern .
800
200
1900
200
200
700
1200
300
1900 Am
2200
1600
600
3300
' '2 66
100
800
200
300
8400
21000
8200
'5566
1000
100
4100
400
85
22 4
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38 S
am
so
88
27
124' '
4
11
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50
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122
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99
83
'89
22
79
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58
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12
C700
1500
aoo
2300
100
1000
2500
4100
118
84
800
7800
700
10O
400
CoL Uaa A Kl.
Cohuabia Graph.
Con. Gas
Cons, dean . . .
do pfd.
Coou. Cos
CamO. Candy .
600 Corn Prod.
do pfd.
Cosden Oil
C. R. LAP.
de A pfd . . .
do B pfd . .
Crucible
do pfd . . .
Cuba Can . . .
do Pfd. . . .
Cuban Amn. Sua
Dome Mines . . ,
D. A R ;
do pfd . . .
EndiosU Johnson
Erie
do 1st pfd.
do 2d pfd . .
Famous Players
F. MAS
100 do pfd.
1004)
1600
100
100
2300
1066
1000
800
200
100
300
1804)
6804)
1700
300
6100
200
200 ;aton Wc
300
Jen.
51-00 r,n.
7400
100
2200
100
6500
100
100
-00 Int
Flsk Tire
Clean
VArc
Goo. Motor .
do 6 . .
24SvSrOba. Asphalt
SOOKJoodrich . . . .
Uoodyaar . . .
lOO IO ran by
400K2t. Nor. Ore
do pfd
Jreene Oaauu
. Cull S. Steel
SO Hank Barker .
lOOIHoastoa Oil .
400 Hupp Motor
ma. cent.
10
57
86
50
67
17
10
28
27
48
85
56
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37
67
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69
48
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67
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do nfd . .
tat, Callahan
lot. Hare. . .
la. Merc,
de pfd .
ickel
21
12
1
57
126
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71
68
86
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aUs Ksar
fwillad tmZT.
do pfd . . . .
SS4) laetafwli Oil .
SMWaad Oil ...
Jewel Tea . . .
1464) K. C. S tnira
1 1 k a . ,
4S0iLae Ttre
lSMILehitb Valley .
SOwXowe Theatres.
24MKL. M .
7404)Mes. Fat.
lOOIMtami
SOOFM K A
do pfd
Oil.
17 00 Mo. Pacific
4 400 do nfd
200 M St. p. A. 8. M.
SOWiM. St- L
204iMat.
oavwuiai 1.
300 NtTada Cam. . . .
1 9o sw Havea
80S Norfolk A W
8200 Nonrwrn Pacific
Nora Scotia Steel
X. T. Air Brake.
4500 New York Central
lOOOkla. Prod ref . .
800 Ontario A Wast. .
SSOOtks Steel
lSOPac Gas A Else.
4000 Pacific Oil
904) Pan. Amn. Pet . .
see o
6800 PennsylTania ...
SOS PsncUss Gas . . .
54)0 Pars Marquette .
860 Philadelphia Co.
Pin Oil
17664) Pierce-Arrow . . .
20S Fierce Oil
100 Pitta. Coal
8364) PHts. A Wast Va
do MA.
Ft. Steel Car. . .
Pullman
Ray Com.
Readinc
rteoaiBfton
Replocle Steel . .
rpuonc 1. st b.
rto irfii
iRep Motors . . .
Roysl Dutch Oil
Ry. Steel Soars. . .
Saxon
1UL i Low 1 T
i4 32
IS
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114
168
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lOOiRhattuck. Arts..
S IOO SinM.ir
. Standard Oil Calif
104) Sues Shot. .
13400 South Pacific
1900 South. Ry. ...
800 do pfd
8760 St. L. ASF.
200 Stronsbere Curb
21500!8tudabaker . . .
Swift A Co
ITenn Cop. A
5100 Texas Oil
12OO0 Texas Pacific
106 Tex. Pacific C. A O
1800 Tob. Products
llOOTron. Contl. Oil...
lOOCnion Oil Dal
8500 Cnion Pacific
I'nJted Alloy
104 00 L'nited Dnac
804) raited Food Prod .
8000 ( nited Pratt
4506 Catted Retail Stores
8400 C. A Ind Alcohol
7300 U. 8. Rob
do 1st nfd
F. A Saaelttef - . .
I 8 Steel
do nfd
rtoh Conner
Va. China
do pfB.
Vanadium Steel . .
VtvavMtflM ...
16001 Wabash , ,
2200 do A pfd 1
do R nfd.
Walla Vim
Western Poc
do pfd.
Western Cnion ....
Waling hoe A A . .
West f hue E. m U.
Wast Md . .
White Motors
wmys-Overisad . . .
do pfd
Wisconsin Central. !
Woolworth
Worthina-ton Foausi
200 W. A L. K
13500
200J
1200
2200
306
too
500
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MID SUMMER SALE
AID TO BUSINESS
L. SL MeKeaaa
of Tb
St. Paul. Minn., July 2d The gradual
Improvement In business conditions la
this section has been hslped this week by
midsummer clearance salsa In many com
modities. Retailers report that the pub
lic has rraxpotiaed excellently. Lack of
confidence, the big obstacle In the way
of business recovery, has disappeared to
a great extant and bankers are more
optimistic than for months.
The condition of crops has provoked
much difference of opinion. Some agen
cies declare the wheat crop has not suf
fered arreatly from drouth and rust
while others declare the yield will be
smaller than predicted. Bankers assert
their belief that the farmers will not bold
their train for higher prices, but will sell
almost as soon as It is harvested. This
win tend to betterment of buaint
the farmers are In need of many com
modities which the ready cash will en
able them to buy freely.
The Northwest is facing- a serious milk
shortasV. due to drying up of pastures.
; and supply in the Twin Cities has fallen
off about 30 per cent, calls ror mux
have been received from Eastern centers
Stock
Topics
B. F. Goodrich company declared regu
lar quarterly dividend of 1 per cent
on preferred stock, payable October 1.
stock record September XL
New Tor Central net operating ln-
oosjm for jun4) 13.C74.643, against deficit
of 86.922.881 last year.
Pennsylvania railroad operating in
come for June 85.682,502. Increase of 810.-
iTlAsi over last year.
Louis L. Liggett place bis affairs In
trusteeship owing to drastic decline In
United Drug stock.
U. S. Hall Steamship offers 89.
for vessels chartered by company from
shipping board.
War finance corporation has treasury
balance of $403.827.77L
Demand for sugar grows stronger.
Middle Western steel plants resume
activity.
Consumption of textiles hopeful sign
in busin
Copper output In six months 31! 0, 66
pounds.
SHORT Till 1TOTKS
Quotations famished by Clark. Kendall Co.
Security Matartty
Asa. Cotton OU 6s. 8- 2-124
Aas. T. A T. 6s. .16- 1-133
Am. T. St T. 6s. . 3- 1-1924
An, Thread 6s... 13- 11928
Am. Tob. 7s 11- 1-1931
do 7s 11- 1-193
da Ta 11- 1-1938
Ascto-As. Oil 7 s 4-1-1926
Armor Osae. 7a. . 7 15 1930
Beunan Gee. 7 6- 1-146
Belt. Go. . 71 6- 1-145
do 6s 1-1 1925
Beta. Steel 7s 7-16 122
do 7a 7-18-12
British Got. 5Hi.11- 1-1931
do 5s 11- 1-1922
Can. Got. 5s . Al 1921
do 6s 8-1-192
Oadahy Paekbss 7a 7-15-128
Inc.
Inter A T. 6a.
lap. Got. 4s.
Ken. Cop. TS
Ken Cop. 7s...
Kan. Cop. 7a. . .
N. F. Strop. 7s. .
Pacific Gas 7s. .
Swift 6s
C. A Rubor r 7s.
9 1-1921
7- 16-1935
3- 1-1986
1- 1-198
1-18
5-15-1933
S- 1-136
8- 18-1921
.12 1-128
86 90
9 99
7 97
95
100 1O0
100 164)
164) 100
100 100
9 4
100 100 S
100 100
94 95
9 9
7
8 98
6 98
15-16 164)
92 92
8 99
TS 79
84 84
98 94
92 98
2 68
2
5
14)
99 99
Per bps Bond Market
Furnished bj OTcrback d Cooke Co.)
Haw York Bond Market
(Furnished by Orerbeck A Cook Co.)
Atchison General 4a
Baltimore d Ohio Gold 4s . . .
Beth. Steel ref. 8a
Ceat Pacific 1st 4s ,
St. Paul GenL 4s
Otiraao N. W. GenL 4s
L d N. Cni. 4s
New Tork By. 3s .
Northern Psc. P. IV 4s
Resdinc Goal. 4s
Cnion Pacific 1st 4a
C. 8. Steel 6s
Cnion Psc 1st Ref Sa
Southern Psc. Cone. 5s
80a there Psc. Cost. 4s
Penna, Coot 4 s
Prnna lat 4 S
Cbas d Ohio Cone. Ss
Ore Short Lisa 4s
77
68
81
73
66
si
18
97
74
81
94
75 -a
SO
7
86
S6
81
81
77
65
20 H
97
75
81
78
76
87
81
81
RIDGBPIELD LIGHT CO. ELECTS
Rldgefleld. Wash.. July 28. The
Ridgefleld Light A Power company has
elected the following officers : Incor
porators. Charles H. Oreely, Walter K.
Lents, Georce Hursh, Robert W. Smith.
John W. Blackburn. William S. Miller
and George P. Kunkhouser : trustees.
Greely. Lenta. Hursh. Blackburn and
Miller. The company will extend lines
east to Pioneer and north to La Center
at once. The survey has ben made and
material is being distributed. C. I..
Brown, electrical engineer of Portland.
will have charge of the work. George
Schneider Is local electrician for the
company.
6s 131. .
8a 136. .
6a 119..
Franco 6a 1981...'.
French 4s 1917
French sa 1630
Italian 6a 11
British 6s 1032
British Sa 137
British 6a 13
British Tfcy 4s
British rot. 4s
liqa rant Sa
Bslftam praam. 5a....
German W. L. 6a
Sterna 4s
Hasaban 4a
L4psas 4a
Letpda 6s
Monirh 4s
Mulch 5s
Frankfort 4a
Jap 4a
Jap lat 4a
Jap 3d 4a
Paris 6s
V. K 6s 131
B. K. 5 a 1933
V. K. 6 s 193
C. M, 5s 19S7
11
3
13
61
47
68
86
862
S31
843
36
249
tl
11
13
IS
12
13
IS
13
9
84
64
I 18-16
16-16
78
88
86
14
4
IS
63
48
69
81
872
S62
335
276
257
68
73
16
11
12
14
18
18
IB
18
76
88
85
100
iso
78
S6
86
I IbertT Bead Sales
(Reported by Orerbock d Cooko company 1
Hick. Low. Cam.
Liberty Sa S7S2
Liberty lat 4s
Liberty 2d 4s
Liberty lat 4s 8788
Liberty 3d 4s 8744
Uberty Sd 4s 20
Liberty 4th 4s 8778
Victory 4a 9860
Victory 8s
8738
8760
8746
183
878
848
8T8A
8763
746
8772
876
9192
677
66
9860
National Bank of Republic of New
Tork thinks present dullness obscures
Improvement.
Sterling 83. "4
COJiFECTIOXERT
New York. July 27. Wholesale and
manufacturers have been urged by can
dy salesmen to join with the public la s
war on retail profiteers in soda fountain
drinks.
FOREIGN EXCHANGE RATES
Corrected daily by the for ion exehaasa
Choice
If bought now will net an un
usual yield for years to come
and show a handsome advance
In price, with the return of nor
mal conditions.
HERRIN & RHODES, Inc.
ESTABLISHED 1S9C
Stocks and Bonds
Ml RAIL WAT EXCHANGE BLDG.
PORTLAND. OREGON.
Hals 9SS-t4.
Overbeck&CookeCo.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
si
s
We own and offer:
$19,500
(the unsold portion of 897.500)
City of Pullman
Washington
7 Improvement Bonds
DATED July 18. 1921 MATURE Serially
rrinrinal and annual interest J nil 1. narsfcto at the ocTies of the
Pullman. Waihlnatna. or tbroaab the offtees of rreesssn. Smith 4 Caaap Oa
IITISUTTD BMTVRITTS
3,500. . .July IS, '22 1,500. . .July 18. '24 M.0O0. . .July tt, '27
500... " '23 500... " '26 5,500.... '30
Legality approved by Teal. Minor A Winfre. Portland. Oregon.
Exempt from all federal taxes ; eligible to secure public funds In
Washington ; legal Investment for trust funds in Washington ;
legal Investment for savings banks in Oregon and Washington.
Price 100
seerned Inter
for aay ssatar
to yWM
7
Warn
J 12
e)J
Freeman. Smith ft Camp Co
mrrf and srr
WE OPFEK
Cleveland
Electric
Illuminating
Company
7 20-Year
Gold Bonds
Price: 95
To Yield About
7
This company, supplies elec
tric light and power to city
of Cleveland and suburbs,
serving population of aver
1.200.000. Business mors
than doubled during past
five years. Net Income has
averaged nearly four times
average annus! interest
charges for last five calen
dar years.
Other 7 Bonds of This
Company Helllag at
Premlnm
CLARK-KENDALL
r CO. INC.
Fifth and Stark Streets
)NDS
Slide
Irrigation
District '
MALHEUR COUNTY
6
Serial Gold Bond
Dated January 1. 1921
Maturing aerially. 132-192
Denomination $1000, 8500 and 8100
The roastrsetlos has been rnnpleted asd
tse aisinei is now id sbc
eessfsJ ope ratios.
A Msslrlsal Bead
Federal Is rosse Tax Kieasst
Certified by the secretary of stats ef
Ore go a after a eosiptele examination ef
the district by the state seesrttles eess-
tastes composed of state superintend
ent of hanks, stats engineer and the
attorney-general of the state of Oregon.
sucn ceruncatton makes this issue a
real Investment for savtiurs banks.
commercial banks, trust companies.
trust funds. Insurance companies and
tate school funds and legally accept
ibie te see a re deposits of state, cossty
asd elty funds la Oregoa basks.
interest Paid by the Stats of Ore gee.
up to and including July 1. 1924
Legality approved by Messr Teal.
Minor and Winfree, Portland. Or., and
he (attorney -a-eneral of the state of
Oregon.
Prices to Yield
7
C.E.MILLER
&. COMPANY
fEI BONDS
TELEPHONE MAiN ; OS
Q H
Uberty Bonds
At present prices, an in
vestment opportunity that
we may not see again.
We buy and sell .all
issues of Liberty and Vic
tory bonds at prices based
on quotations received
twice daily from New
York.
We keep on band a
large stock of these se
curities which enables us
to make immediate de
livery of say issue in
amounts to suit the in
dividual purchaser.
LADD & TlLTON
Bank
Oldest ta the Kstthwsst
WASHIXGTOX AT TH1BD
Is I V IV 1 V 1 V 1 V 1 V 1 V 1 V I V I TTms
WHAT'S IN A
NAME?
Maintenance of a high standard of
quality in a ptodact used by the pub
lic over a long period of time event
ually Issskssassed the name of the ar
ticle on the retina of the public eye
in a way that makes the name sym
bolic or perfection. For example :
The words Victrots and Phwiagu apti
are synonymous ; and Use name of
Warrenite-Bitulithic always occurs
to ease's mind In connection with the
highest type of pavement on account
of Ms rsstalist oWr actor and its ex-
traordinaxy durability under ail
dtttona
The American dollar
commands a large pre
mium in England. For
this reason we and our
associates 1 were ett
abled to purchase and
now offer
5-
Ac'
External Gold Loan Bonds
Republic of
Brazil
at prices to
YIELD FROM 8 TO 13.35
depending on exchange
rates.
In addition the possible
profits on the principal
invested may range
from 56 to 116.
Bonds in
100 500 1000
Denominations
Call on or write us and
we will explain the
situation fully.
LUMBERMENS
lk.8y(3Mrr-BANK
Broadway and Oak
F.W. Baltes
y Company
Printers
We offer an expert
to meet your
individual needs
Ptrtt and Oak
Main 103
SI 165